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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Jun. 30, 2017
Current assets:    
Cash and cash equivalents $ 2,293.6 $ 2,780.4
Accounts receivable, net of allowance for doubtful accounts of $51.9 and $49.6, respectively 2,043.4 1,703.6
Other current assets 730.3 883.2
Total current assets before funds held for clients 5,067.3 5,367.2
Funds held for clients 33,646.7 27,291.5
Total current assets 38,714.0 32,658.7
Long-term receivables, net of allowance for doubtful accounts of $0.4 and $0.8, respectively 27.3 28.0
Property, plant and equipment, net 794.6 779.9
Other assets 1,391.0 1,352.2
Goodwill 2,263.3 1,741.0
Intangible assets, net 875.3 620.2
Total assets 44,065.5 37,180.0
Current liabilities:    
Accounts payable 105.7 149.7
Accrued expenses and other current liabilities 1,505.3 1,381.9
Accrued payroll and payroll-related expenses 595.8 562.5
Dividends payable 275.1 250.5
Short-term deferred revenues 235.4 232.9
Income taxes payable 80.2 49.0
Total current liabilities before client funds obligations 2,797.5 2,626.5
Client funds obligations 33,943.7 27,189.4
Total current liabilities 36,741.2 29,815.9
Long-term debt 2,002.4 2,002.4
Other liabilities 795.8 830.2
Deferred income taxes 105.5 163.1
Long-term deferred revenues 391.4 391.4
Total liabilities 40,036.3 33,203.0
Commitments and contingencies (Note 14)
Stockholders' equity:    
Preferred stock, $1.00 par value: authorized, 0.3 shares; issued, none 0.0 0.0
Common stock, $0.10 par value: authorized, 1,000.0 shares; issued, 638.7 shares at March 31, 2018 and June 30, 2017; outstanding, 441.7 and 445.0 shares at March 31, 2018 and June 30, 2017, respectively 63.9 63.9
Capital in excess of par value 964.1 867.8
Retained earnings 15,466.1 14,728.2
Treasury stock - at cost: 197.0 and 193.7 shares at March 31, 2018 and June 30, 2017, respectively (11,826.1) (11,303.7)
Accumulated other comprehensive loss (638.8) (379.2)
Total stockholders’ equity 4,029.2 3,977.0
Total liabilities and stockholders’ equity $ 44,065.5 $ 37,180.0